Pixel8r Posted June 22, 2009 Report Share Posted June 22, 2009 After restricting it to one account is it possible to change it, e.g. change to one other account? I am sure there must be a way of doing so, just would need to give hem a ring. Link to comment Share on other sites More sharing options...
FWIW Posted June 22, 2009 Report Share Posted June 22, 2009 I thought as I have my TA crayons out, I might as well have a look at Silver. I have been ignoring ag for a while and just concentrating on gold! Anyway, here are some of my observations: 1) The 38.2% Fib level is acting as support. This is around $13.64 level. 2) The 9 Month SMA acted as Support and Resistance in the past 3) All the moving averages are lined up correctly and the Trend is screaming UP! Actually looking at the Silver chart has made me decide to buy more silver rather than gold! Anyone got an opinion? (I know opinions are like ar*eholes - Everyone's got one!) Link to comment Share on other sites More sharing options...
nicejim Posted June 22, 2009 Report Share Posted June 22, 2009 I thought as I have my TA crayons out, I might as well have a look at Silver. I have been ignoring ag for a while and just concentrating on gold! Anyway, here are some of my observations: 1) The 38.2% Fib level is acting as support. This is around $13.64 level. 2) The 9 Month SMA acted as Support and Resistance in the past 3) All the moving averages are lined up correctly and the Trend is screaming UP! Actually looking at the Silver chart has made me decide to buy more silver rather than gold! Anyone got an opinion? (I know opinions are like ar*eholes - Everyone's got one!) I'm not practised in TA but those lines do look to have some reasoning behind them, and I like the conclusion . What about the top of the identically sized green and red bars after May '06 for support? Have you done TA on the gold/silver ratio? I notice it's gone back above 67 from being 62ish a few weeks ago. Link to comment Share on other sites More sharing options...
TrueNorth Posted June 23, 2009 Report Share Posted June 23, 2009 So if you have £50k worth of bullion and that rises to £250k in 5-10 years, you will get hit with 18% of £200k or £36k. Ouuuuchhhh!!! I simply plan to be non-UK domiciled when these profits are taken. Is that a naive thing to expect? Link to comment Share on other sites More sharing options...
TrueNorth Posted June 23, 2009 Report Share Posted June 23, 2009 I thought as I have my TA crayons out, I might as well have a look at Silver. I have been ignoring ag for a while and just concentrating on gold! Anyway, here are some of my observations: 1) The 38.2% Fib level is acting as support. This is around $13.64 level. 2) The 9 Month SMA acted as Support and Resistance in the past 3) All the moving averages are lined up correctly and the Trend is screaming UP! Actually looking at the Silver chart has made me decide to buy more silver rather than gold! Anyone got an opinion? (I know opinions are like ar*eholes - Everyone's got one!) Thanks for that chart. The recent drop in silver relative to gold has taken me by surprise. The chart's uptrend forecast is most reassuring. Link to comment Share on other sites More sharing options...
chazza Posted June 23, 2009 Report Share Posted June 23, 2009 I simply plan to be non-UK domiciled when these profits are taken. Is that a naive thing to expect? I'm sure this has been mentioned before, but I assuming holding gold through Goldmoney one will be taxed at your marginal income tax rate, i.e. 30/40%? Is there a way for it to be viewed a money as aposed to capital gains on speculation/or I guess more favourably from a tax standpoint? Link to comment Share on other sites More sharing options...
ziknik Posted June 23, 2009 Report Share Posted June 23, 2009 I'm sure this has been mentioned before, but I assuming holding gold through Goldmoney one will be taxed at your marginal income tax rate, i.e. 30/40%? ... You will only pay income tax if you are trading in your GM account. I’m not certain how HMRC define ‘trading’. But I know it is your own responsibility to declare that you have been trading and pay the taxes accordingly. Personally, I don’t class a few buys and sells in a year as trading. Is there a way for it to be viewed a money as aposed to capital gains on speculation/or I guess more favourably from a tax standpoint? You could Gift £9k of gold to me. £9k is under my GCT limit, so I could sell the gold tax free. Later, I could choose to gift you £9k. These would be completely free, un-linked & independent gifts. There cannot be an agreement in place so this could only work with someone like me who you can all trust. The only problems are 1) If HMRC can prove you evaded tax 2) If one of us die within 7 years of giving the gift Another way would be to give the gold to your wife/husband or children but I am sure everyone will agree that it is a better idea to give gold to Ziknik PM me if you want to give me gold. Link to comment Share on other sites More sharing options...
ziknik Posted June 23, 2009 Report Share Posted June 23, 2009 double post Link to comment Share on other sites More sharing options...
chazza Posted June 23, 2009 Report Share Posted June 23, 2009 You will only pay income tax if you are trading in your GM account. I’m not certain how HMRC define ‘trading’. But I know it is your own responsibility to declare that you have been trading and pay the taxes accordingly. Personally, I don’t class a few buys and sells in a year as trading. So it would be 18% if you werent trading? PM me if you want to give me gold. You will be top of my gold gifting list Link to comment Share on other sites More sharing options...
THEBIGMAN Posted June 23, 2009 Report Share Posted June 23, 2009 Industrial demand still bullish for silver, on the whole: http://www.edn.com/blog/1470000147/post/1810019781.html http://gizmodo.com/5060103/silver+zinc-bat...han-lithium+ion http://blogs.computerworld.com/apple_to_pi...tery_technology Does anyone know if there are any listed companies that specialise in recycling metals from batteries etc. - particularly silver? Link to comment Share on other sites More sharing options...
warpig Posted June 23, 2009 Report Share Posted June 23, 2009 Consider it done. PM sent. PM me if you want to give me gold. Link to comment Share on other sites More sharing options...
nicejim Posted June 23, 2009 Report Share Posted June 23, 2009 Consider it done. PM sent. Do you know how old he is? How do you know he'll live for 7 years? Link to comment Share on other sites More sharing options...
ziknik Posted June 23, 2009 Report Share Posted June 23, 2009 So it would be 18% if you werent trading? ... Yes that’s basically right. Minus your buying price from your selling price and then take off your GCT allowance (approx £9.6k). You pay 18% of whatever is left Consider it done. PM sent. I’ve just realised that my plan will not work in GoldMoney because HMRC will deem you to have sold your gold at the point you make the gift. If you expect to make future gains in GM, gift some of you gold to your trusted family members NOW! EDIT: scrap that, you can gift to husband/wife without trouble. Why can't they make it simple http://www.hmrc.gov.uk/cto/customerguide/page6.htm#12 Link to comment Share on other sites More sharing options...
FWIW Posted June 23, 2009 Report Share Posted June 23, 2009 I'm not practised in TA but those lines do look to have some reasoning behind them, and I like the conclusion . What about the top of the identically sized green and red bars after May '06 for support? Have you done TA on the gold/silver ratio? I notice it's gone back above 67 from being 62ish a few weeks ago. The May '06 support is around $13, so could work. I bet there are a load of buy orders between 13.0 and 13.6; I wish I could see these orders. I wouldn't mind trying some TA on the gold/silver ratio, anyone got the data handy? Or a website that tracks it? Also today we tested 13.6 area of support again, and survived... Link to comment Share on other sites More sharing options...
G0ldfinger Posted June 23, 2009 Report Share Posted June 23, 2009 ... I wouldn't mind trying some TA on the gold/silver ratio, anyone got the data handy? Or a website that tracks it? ... Longer term: http://gold.approximity.com/gold-silver_watch.html http://gold.approximity.com/since1968/Gold-Silver-Ratio.html Link to comment Share on other sites More sharing options...
InSilverWeTrust Posted June 23, 2009 Report Share Posted June 23, 2009 I follow this guy on youtube and he's calling the end of the dollar soon... http://www.youtube.com/watch?v=AS1C-eq9Zx4 Link to comment Share on other sites More sharing options...
ziknik Posted June 23, 2009 Report Share Posted June 23, 2009 ... wouldn't mind trying some TA on the gold/silver ratio, anyone got the data handy? ... http://www.lbma.org.uk/stats/silvfixg http://www.lbma.org.uk/stats/goldfixg Link to comment Share on other sites More sharing options...
InSilverWeTrust Posted June 23, 2009 Report Share Posted June 23, 2009 Nice little article from uncle Ted Butler today. http://www.investmentrarities.com/ted_butler_comentary.shtml "We have no strategic silver stockpile, just empty vaults, thanks to the big short sellers. The coming world-wide silver shortage places us in jeopardy, not just for defense, but for all types of the manufactured goods produced here and the jobs that go with them. How a US regulator, the CFTC, can stall while this condition festers is beyond me. Because of the manipulation, silver is a better long-term buy than at any time in the past 25 years. I see us reaching a more extreme shortage scenario with price peaks that are, quite frankly, so astonishing I don’t care to pinpoint them here. On the one hand we should be outraged about the continued illegality of the ongoing price scam, while on the other hand elated over the extreme price escalation that will undoubtedly occur because of it. There will be nothing moderate about the outcome." Link to comment Share on other sites More sharing options...
FWIW Posted June 23, 2009 Report Share Posted June 23, 2009 I had a look at Goldfinger's charts. These are my observations: Looking at the chart below, I saw two distinct areas of support and resistance. I also highlighted the 60 horizontal line, as it looks to be a good mid point. The shorter horizontal lines are me thinking of the extreme high and low values. I used them to put a fib retracement overlay on to them. I had to guess at the values as 101 and 5 as I don't know what they really are. What is nice to see is that the 38.2% fib is providing support at our support area. So what are my conclusions? I don't think we will see the GoldSilver ratio less than 40 again. (but never say never especially if gold goes up and silver stands still) GF - would you be able to plot the difference or width between the gold and silver price? I am not really very familiar with thinking in ratios...I think if could overlay them then it may look a bit like bollinger bands? Just thinking out aloud...while i'm at it simple moving averages of 10, 20 and 50 months would be really cool! Link to comment Share on other sites More sharing options...
FWIW Posted June 23, 2009 Report Share Posted June 23, 2009 Thanks to Dr Solar for pointing me to this pdf http://www.howestreet.com/articles_as_pdf/...o%20Warning.pdf It showed me that stockquotes have this! http://stockcharts.com/h-sc/ui?s=$GOL...id=p07425274761 I will play with it tomorrow! Link to comment Share on other sites More sharing options...
Pixel8r Posted June 24, 2009 Report Share Posted June 24, 2009 The Gold/Silver ratio appears to be following the USDX quite closely, which makes a lot of sense to me. Link to comment Share on other sites More sharing options...
ziknik Posted June 24, 2009 Report Share Posted June 24, 2009 Dear Ziknik, This email is to let you know that we just purchased some 1oz Silver Britannias 2009 from the British Mint. Therefore they should be available on our website very soon, probably in the beginning of next week. As we don't have a fixed date for the delivery of the coins and/or their availability on our website I would like to suggest you to visit our website everyday from tomorrow onwards as these coins will be available pretty soon. Please note that we will not have a large amount of coins available. That is the reason why I'm suggesting you to visit our website frequently as the demand for 1oz Silver Britannias has been quite high. Should you have any queries please feel free to contact us at anytime. Kind regards, Sara Espírito Santo EDIT: And phillies are on special offer too Link to comment Share on other sites More sharing options...
Andrew McP Posted June 24, 2009 Report Share Posted June 24, 2009 EDIT: And phillies are on special offer too Yes, at a pretty hefty discount as well. I'm not really looking for more silver to add to my paperweight collection, but it's still tempting on a day when more good news has apparently been wrung out of the US. Someone bought a washing machine apparently. Andrew McP Link to comment Share on other sites More sharing options...
aardvark Posted June 24, 2009 Report Share Posted June 24, 2009 EDIT: And phillies are on special offer too bah! that sucks giant balls - i just received my now overpriced philies today (insert angry face here). Link to comment Share on other sites More sharing options...
ziknik Posted June 24, 2009 Report Share Posted June 24, 2009 bah! that sucks giant balls - i just received my now overpriced philies today (insert angry face here). How much were they a few days ago? £11.49 €13.51 $18.94 at the moment Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now